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Investing in Small Cities: Capital Absorption in Massachusetts

by Katie Grace Deane

Capital and Collaboration Report CoverSmall cities across the state of Massachusetts, from Lawrence and Fall River to Chicopee and Pittsfield, are facing many of the same economic challenges we saw highlighted during the 2016 election across the Rust Belt and upper Midwest. Many of these “Gateway” or “Working” cities in Massachusetts were founded on a strong manufacturing base, which declined over the latter half of the 20th century, leaving behind economic stagnation and declining population. While many of these cities today are seeing increased attention as a result of their regional importance (Pittsfield and Springfield) or rising populations from immigration, they still lag the state averages in household income and educational attainment.